Orangeburg, S.C.-based Regional Medical Center is planning a partnership with Charleston-based Medical University of South Carolina to enhance healthcare access across the state, according to an Aug. 9 report from News 19.
Transactions & Valuation Issues
St. Augustine, Fla.-based Flagler Health+ announced that the board of trustees and leadership team began a formal process to explore joining a 'like-minded health system,' according to an Aug. 9 press release from the organization.
Beijing-based social media giant ByteDance has acquired one of China's largest private hospital chains for about $1.5 billion, according to an Aug. 9 report from Bloomberg.
Three nonprofit hospitals have partnered to purchase Philadelphia-based Chestnut Hill Hospital, The Philadelphia Inquirer reported Aug. 8.
Mercy Iowa City was offered $605 million by University of Iowa Health Care last year for ownership of the hospital, The Gazette reported Aug. 5.
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Prospect Medical Holdings is less interested in selling Springfield, Pa.-based Crozer Health, according to an Aug. 4 report from The Philadelphia Inquirer.
Davis Health System began a clinical affiliation with WVU Medicine in 2019. The health systems are ending the partnership Aug. 8, according to The Inter-Mountain.
Meridian, Miss.-based Rush Health Systems, a seven-hospital system, has merged with New Orleans-based Ochsner Health as of Aug. 1.
Mercy Iowa City (Iowa) announced it has abandoned plans to exit its four-year affiliation with the statewide MercyOne health network to integrate into a more extensive healthcare system. According to a July 28 report from The Gazette, the only community…
Franklin, Tenn.-based Community Health Systems has sold AllianceHealth Seminole (Okla.) to SSM Health Oklahoma, according to a July 28 filing with the Securities and Exchange Commission.